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Self Storage

Self storage
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We already have your self-storage buyer!

Jonathan Commercial Properties is an affiliate with The Storage Acquisition Group. The Storage Acquisition Group was founded in 2014 to provide owners of self-storage with a simple and seamless sale process and help them net the highest possible profit from the sale of their property.  The Storage Acquisition Group directly represents a large private equity fund that acquires and manages self-storage facilities across the country.  This fund has already allocated over Two Billion dollars for the acquisition of self-storage properties, so they are serious, ready, willing and able buyers and financing is never an issue.  This fund is prepared to pay fair market value for qualified deals in their target markets.

Jonathan and Don are responsible for sourcing transactions in Northern Virginia, Washington DC and Baltimore, Maryland in addition to mid-western states focusing on Wisconsin, Michigan, Indiana, Illinois, Ohio and Kentucky. If you are here, or nearby, give us a call.

Jonathan and Don will coordinate with you to discuss your goals and determine if your property meets the buyer’s investment criteria.  The Storage Acquisition Group does all of its own streamlined financial underwriting and due diligence, so your financials stay between the company and the buyer.  The Storage Acquisition Group will provide a free market analysis valuation that you can keep, even if no deal if finalized.  We will assemble the final offering package and handle presenting your property to the equity fund in a cooperative and transparent process.

Usually within two weeks they will have an offer for you to consider.  You will have one point of contact throughout the process with the goal of making the process as seamless and stress free as possible, from document submission to inspection scheduling to closing.  Closings are quick once the due diligence is completed and best of all, there are no listing agreements, or fees or commissions paid by you as the seller.

Are you a builder or developer but don’t have the expertise, patience or financial desire to handle the long term lease up of your self-storage project?  The Storage Acquisition Group has an affiliation with Ascendant, which arranges for the purchase of self-storage once they reach certificate of occupancy. Call us to find out more about this option.

Recent Transactions

The Storage Acquisition Group is pleased to announce the sale of Derry Self Storage and Seacoast Storage in New Hampshire. Derry Self Storage is located at 23 Ashleigh Drive in Derry. The facility is situated on 19 acres and offers great opportunity for expansion. Newly completed Seacoast Storage is located at 219 Lafayette Road in North Hampton. The two facilities provide a total of 962 climate controlled and non-climate controlled units. The sale was finalized on July 18, 2019.

The Storage Acquisition Group is pleased to announce the sale of the Monkey Junction Self Storage portfolio in Wilmington, North Carolina. Group president and CEO, Cowles M. “Monty” Spencer, Jr. oversaw the sale of these facilities. The four facilities and dedicated boat and RV location offer a combined 2,832 storage units and 458 boat and RV spaces for a total of 568,139 net rentable square feet of prime storage space. The sale was finalized on June 7, 2019.

The Storage Acquisition Group is pleased to announce the sale of Beach City Self Storage on Hilton Head Island, South Carolina. Fred Paris conducted the sale of the facility located at 78 Beach City Road. This facility offers 443 storage units and 67 parking spaces for a total of 50,725 square feet of prime storage space. The sale was finalized on May 15, 2019.

The Storage Acquisition Group is pleased to announce the sale of Dillon Road Self Storage on Hilton Head Island, South Carolina. Fred Paris conducted the sale of the facility located at 159 Dillon Road. This facility offers 510 storage units and 79 parking spaces for a total of 67,250 square feet of prime storage space. The sale was finalized on May 15, 2019.

The Storage Acquisition Group is pleased to announce the sale of Hialeah Self Storage in Florida. David Spencer conducted the sale of the facility located at 1000 Hialeah Drive in Hialeah, Florida. This facility offers 1,007 units for a total of 96,507 square feet of prime storage space. This sale was finalized on May 7, 2019.

The Storage Acquisition Group is pleased to announce the sale of Shetland Park in Salem, Massachusetts. Bill Sitar Jr., Esq., Thomas Palumbo and Cowles M. “Monty” Spencer, Jr. conducted the sale of the complex located on Congress Street. This property is comprised of five buildings used for office, school, industrial and self-storage. The park complex itself totals 1,500,000 square feet and is situated on 30 acres adjacent to the historic Salem Harbor. The Shetland Park Self Storage facility located on site consists of 2,000 units for a total of 177,823 rentable square feet. This sale was finalized on May 1, 2019.